News · Yahoo Finance

Eric Schmidt’s 1% Anthropic stake sets up massive windfall ahead of IPO -Bloomberg

Former Google CEO Eric Schmidt holds about 1% of Anthropic after investing tens of millions of dollars in its Series A round, and is poised to reap one of the largest individual windfalls from the AI startup's upcoming IPO. According to PitchBook data cited by Bloomberg, Anthropic was valued at $461 million when Schmidt invested in 2021, while prospective public valuations of $1.8 trillion to $2 trillion would be more than 4,300 times that Series A baseline. At the upper end of that range, his stake could lift his net worth by roughly one-third to nearly $80 billion. Anthropic is expected to begin formal marketing for its IPO as early as the week of Nov. 9, and aims to match or surpass SpaceX's record $1.77 trillion IPO completed in June.

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MarketUS stocks
SectorCommunication Services
IndustryInteractive Media & Services
Market cap$4.3T
Close on 10/19/2026344.18
Change that session+1.05%
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